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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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Property players plug into renewables as risks fall and tariffs rise

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Amid decarbonisation pressures and looming electricity tariff increases, South African property players are increasingly incorporating renewable-energy sources – such as on-site solar PV or offsite generation through hydro or wind power – into  their portfolios. This shift has been driven by the need to achieve sustainable development goals, improve environmental, social and governance (ESG) performance, and mitigate ongoing energy security issues, explains Green Building Council of South Africa (GBCSA) CEO Lisa Reynolds.

Volkswagen Group Africa unveils new models for 2026; perseveres in challenging environment

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As automotive manufacturer Volkswagen Group Africa celebrates its seventy-fifth anniversary, the company has provided on the challenges and opportunities it sees in the local automotive sector during this year’s Volkswagen Indaba, at the Kariega manufacturing plant, in the Eastern Cape. As challenges continue to plague the local automotive manufacturing sector, Volkswagen South Africa passenger cars brand head Niels Wichmann described 2025 as a “tough year” for the company.

MISA worried about proposed higher import tariffs for Chinese, Indian vehicles

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While some automotive original-equipment manufacturers have called for higher import tariffs on Chinese and Indian vehicles, along with other measures to ensure local manufacturers are able to compete on an even footing, trade union Motor Industry Staff Association (MISA) says such tariffs damage the motor retail market and worker livelihoods. Trade, Industry and Competition Deputy Minister Zuko Godlimpi in January told the Parliamentary Portfolio Committee of Trade, Industry and Competition that the government would have no choice but to impose antidumping duties on imported vehicles to protect the domestic manufacturing sector, given the surge in imports of completely built-up vehicles from India and China.

Soufflet Malt breaks ground on R2bn malting facility next to Heineken brewery in Midvaal

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French multinational maltster Soufflet Malt has officially started construction on its new malting facility that is adjacent to brewing multinational Heineken's Sedibeng Brewery, in the Midvaal municipality. This new malting facility would have a production capacity of 100 000 t/y of malt, would source 100% of its barley from local growers and had a target of sourcing 30% of the barley it would process from emerging and small-scale commercial farmers, said Soufflet Malt Europe, Middle East and Africa president Guillaume Couture on February 5.

BLSA Reform Tracker says Eskom unbundling strategy ‘broke with the approved reform plan’

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The latest Business Leadership South Africa (BLSA) Reform Tracker Quarterly Review says there has been “concerning backwards movement in the critical electricity sector”, attributing the regression primarily to the revised unbundling plan for Eskom unveiled in December. While stressing that the “broad trajectory remains” positive for the reforms being monitored by the tracker, BLSA CEO Busisiwe Mavuso said the unbundling strategy represented “a step backwards from the independent transmission system operator model that Operation Vulindlela, the National Energy Crisis Committee and National Treasury have been working towards”.
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